Family Dollar April same-sore sales fall 4.9%

WilliamSpain

NEW YORK (MarketWatch) - Family Dollar Stores, Inc. said Thursday its April sales at stores open at least one year fell 4.9%. Analysts, on average, had expected it to post a same-store sales drop of 1%, according to Thomson Financial. Total sales were down 1.6% to $481.3 million. Family Dollar
FDO, +1.00%
said sales of home products and consumables, including food, were stronger while sales of apparel and other seasonal products were soft. Sales during the first half of the period were weak, a factor it blamed on the shift of Easter into March and cooler-than-normal weather.

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